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Refinance Analyzer

Use the Refinance Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$276,463

Cash Out Proceeds

$-26,528

Annual Net Cash Flow

$4,419

New Loan Payment

0.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$647,820
Current Loan Payoff
$345,500
Loan Points
$12,956
Loan Closing Costs
$12,900
Total Refinance Cost
$371,357
Total Cash Out Proceeds
$276,463

Loan Terms
New Loan Amount
$647,820
Monthly Loan Payment
$4,419
Interest Rate
7.25%
Property Net Cash Flow
$26,503
Annual Loan Payment
$53,031
Debt Coverage Ratio
0.5

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,535
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Escrow/Settlement Fee
HOA Report/Estoppel/Unpaid Dues
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance Premium
(Months)
$3,801
Misc.
Total Loan Closing
$12,900

Rental Income
Monthly Market Rent
$4,100
Potential Gross Rent
$49,200
Vacancy Factor
%
$2,460
Effective Gross Rent
$46,740
Property Taxes
%
$15,936
Hazard Insurance
%
$3,801
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$20,237
Net Operating Income
$26,503
Annual Loan Payment
$53,031
Net Cash Flow After Debt Service
$-26,528
Debt Coverage Ratio
0.5
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.